$4.5M Government grant secures construction start for Collie Micronising Facility
In a significant milestone, International Graphite Limited has secured funding to construct the first purpose-built commercial graphite micronising plant in Australia. The Company has entered into a funding agreement with the Western Australian Government releasing $4.5M of the grant awarded in April 2024. $2.0M will support construction of Stage 1 comprising a ~3,000 tpa micronising facility to be built, at an estimated capital cost of ~$4.0, adjacent to the Company’s existing premises in the Collie Light Industrial Area.
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